News listings

energy-pedia alternative energy

United Kingdom flagUnited Kingdom

Europe / Caspian / CIS >>> United Kingdom

UK: EMEC floating wind demo site offers £690 million opportunity to UK

26 Jan 2023

Photo - see caption

The economic potential of EMEC’s proposed 100 MW floating offshore wind test and demonstration site has been estimated at £690 million to UK economy.

The European Marine Energy Centre (EMEC), based in Orkney, Scotland, concluded concept design for a new floating offshore wind test and demonstration site in 2022 and is aiming to secure a lease for a 100 MW site ~20 km west of Orkney.

EMEC’s proposed test site will comprise six individual berths and accommodate floating offshore wind turbines of up to 20 MW rated capacity. Four of the six berths will be grid-connected, while an additional two berths will be reserved for power-to-X applications.

The site will offer floating wind developers the opportunity to prove performance and de-risk technologies in energetic metocean conditions, typical of ScotWind, Celtic Sea, Californian, and other commercially leased projects.

Photo - see caption
EMEC floating wind demo site offers £690 million opportunity to UK

EMEC floating wind test site – artists impression (Credit EMEC)

Independent analysis by BiGGAR Economics calculates that the proposed demonstration site has the potential to generate £690 million gross value add (GVA) to the UK economy, £442 million of which will accrue in Scotland.

BiGGAR’s economic impact analysis considers the full floating offshore wind value chain, from construction and development of the site through to operation and client demonstration activities.

The study anticipates the facility will create 4,160 new jobs in the UK, 2,220 of which will be in Scotland, during its expected 25-year lifetime.

Built into the development of the test site is a collaboration with Xodus Group’s X-Academy which will offer people the opportunity to retrain or skill up through hands-on involvement in projects at the centre, helping to develop specialised expertise for the floating wind industry.

Matthew Finn, Commercial Director of EMEC said:

'We want to ensure the benefit of the UK being a first mover on offshore energy technologies is firmly cemented here. Establishing a test centre of this nature in Scotland will encourage international companies to establish themselves here and sends a clear market signal to the Scottish supply chain.

'The UK Government set very clear ambitions of 5 GW floating offshore wind by 2030 with estimates that could deliver a GVA of £43.6 billion to the UK. The development of a floating wind test site aligns with the British Energy Security Strategy which outlines a clear need for continued support for R&D to drive through the commercialisation of technologies, bring down costs and provide assurance to investors regarding the viability of an emerging technology.

'EMEC’s floating wind test site has been designed specifically for floating wind developers to de-risk their technologies, putting turbines, floating structures, moorings and other components to the test in an energetic offshore environment. This will enable performance to be refined on a wide range of floating wind technologies prior to scale-up through ScotWind and beyond.'

Graeme Blackett, Director of BiGGAR Economics said:

'The BiGGAR Economics impact assessment of EMEC’s proposed offshore floating wind test facility sets out the substantial economic benefits that the facility itself would generate for the Scottish economy, more than £440 million over its lifetime. It also highlights the strategic economic role the centre will play, providing a real-world testing and demonstration facility, encouraging innovation and accelerating deployment of floating offshore wind.'

EMEC is exhibiting on stand G4 the Scottish Renewables Offshore Wind Conference in Glasgow this week, 25-26 January 2023. On Thursday 26 January, Stuart Brown, EMEC Associate on floating wind, is speaking in session 5B on ‘all things INTOG’ discussing how EMEC’s proposed floating wind test site could catalyse supply chain growth and progress floating wind technology development.

The full programme is available to view here: Scottish Renewables Offshore Wind 23 Programme

Original article link

Source: EMEC

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 253

Completed Deals

Completed Upstream Deals: 6548

Company Profiles

Current Company Profiles: 2909

Corporate Activity

Current Corporate Activity articles: 4124

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1649


Current Geostudies articles: 959

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

Telos NRG
Rose & Assocs
Government of South Australia
Union Jack Oil 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675